Examples of Equity IRR in a sentence
Financing Equity IRR to the Equity IRR If the Pre-Refinancing Equity IRR is lower than the Original Equity IRR, a calculation will be done to determine the amount of Distributions which, if received by Equity Members at the estimated Refinancing date, would increase the Pre-Refinancing Equity IRR to the Original Equity IRR (while the MAP is maintained and the minimum prevailing debt covenants established in the Funding Agreements are not violated).
Threshold Equity IRR This is the nominal post tax (i.e. post tax with respect to the SPV, pre-tax with respect to the shareholders in the SPV) Equity IRR set out in the Base Case, which excludes the effects of any anticipated refinancing.
The determination of this amount of Distributions needed to achieve the Original Equity IRR shall treat as Project Debt, rather than Committed Investment, any initial Committed Investment in excess of the maximum permitted initial Committed Investment under Section 15.2.9 of the Agreement.
The Financial Plan shall set forth all capital costs, sources of financing such capital costs, O&M expenses, project revenues, other revenues, replacement costs, reserves for emergencies, servicing of various debts, distributions to the shareholders of the Developer and the projected Equity IRR.
If a review by the Financial Model Auditor of the Initial Base Case Financial Model discloses errors or discrepancies in such financial model that results in a decrease to the Initial Equity IRR, the Initial Base Case Financial Model will be updated, subject to prior review and approval by the Department, to reflect any adjustments, however the Public Funds Amount will not change.